When Layman and Oldman move closer to the ‘Peril Inch' by inch….

Big banks in the world are tumbling like a pack of cards…making Wall Street as ‘Fall Street’…This is having repercussions on Dalaal Street…Painting it by red colour and making it look like ‘Halaal Street’…ET is giving detailed news about the whole saga…But not the prediction about what will happen in future…I wrote an article detailing after-effects of this Great Fall and presented it to ET editor…He threw it in the dustbin…So here is an article…straight from the dustbin…

What will happen if big banks continue to become bankrupt or getting sold:

1) Co-operative banks in Mumbai like Taaraswat Co-op bank and Raamrao Vithal Co-op Bank will be among largest Top 10 banks in the world…

2) These co-op banks will become hotcake at IIM placements…replacing lucrative offers from foreign banks…(you can guess who will come to smaller B-schools for placements)…

3) Dalal Street will become world’s new Financial Centre…dethroning Wall Street…

4) Tall buildings situated at Wall Street will be used for residential purposes…helping people who became home-less in subprime crisis…

5) US will blame any Islamic country for this financial crisis…will attack that country citing hidden financial weapons of mass destruction…(Read: Derivatives…)

6) Left parties in India will blame Capitalist US for downturn in Indian Stock markets…and will seek resignation of UPA government for its cordial relations with US…

7) Lehman CEO Richard Fuld will work as a Junior Analyst of Banking Sector at some small broking firm in Mumbai…

8) Bank robberies will become a thing of past…More no. of jobless people!!

9) MBA students will get more case studies…to add more no. of slides to their presentation on Subprime Crisis...